34 ORGANIZATION IN DENMARK 



tories no capital is subscribed by the farmers, 

 whose joint guarantees are sufficient to enable 

 them to secure from the banking institutions of 

 the country the loans they may require to defray 

 the costs of construction, and to provide working 

 capital as well, the loans being repaid out of the 

 profits of the business. The members also 

 guarantee to supply to the factories all the pigs 

 they raise on their farms, a fine of ten Kroner 

 (11*. 3d.) per pig being imposed in case of non- 

 compliance. On sending in his pigs the farmer 

 is paid a certain sum, representing less than the 

 value, but subsequently he receives a share in 

 the profits according to the number of animals 

 he has supplied. The factories are able not only 

 to carry on the work of bacon-curing economic- 

 ally, but they can utilize all the by-products, 

 while the system of mutual insurance through 

 the Central Association of Co-operative Bacon 

 Curers, when sending consignments to England, 

 represents a saving to each factory of 25 per 

 cent, on this one item alone. Then, again, the 

 establishment of co-operative bacon factories 

 has been supplemented by a national movement, 

 supported by the State, for improving the quality 

 of the pigs. To this end experts were sent to 

 Ireland and other countries to inquire into the 

 methods of breeding and feeding in vogue there, 



